For underwater homeowners and many who want to help them, there is a Holy Grail: principal reduction. But will the government make this idea a reality?
An underwhelming jobs report has some investors skittish about the economy, but what does it mean for interest rates?
Freddie Mac is hinting that government-sponsored home mortgages may soon offer for a big “out” for troubled homeowners – reduced principal on their mortgages.
With mortgage rates at record lows, many are wondering whether it’s an opportune time to refinance again. Here’s a look at the pros and cons of the decision.
A new calculator on The Mortgage Professor site incorporates the latest underwriting rules from Fannie Mae, Freddie Mac and the Federal Housing Administration to predict if you qualify for a loan.
A new government report spells out what’s wrong with the Home Affordable Modification Program, the government’s signature housing relief program.








